EBay Question / Concern

Anybody have experience selling items on eBay? I have been wondering about setting the minimum bid to the lowest price I would want to sell the item for or setting that minimum bid to $0.99 cents without a reserve price. I understand you can set a reserve price, or the minimum amount you would want to sell your item for but eBay charges $2 per listing for this and I heard it's not necessary...??

How do you get the most money for your item? Has anyone sold their old consoles on eBay? I have been wondering about selling my PS3 and Xbox 360 on here but I want to maximize my profits!

Thanks!

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